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Calculate average-cost per unit.(Round answer to 4 decimal places, e.g. 2.7613.) Compute cost of goods sold, assuming Metlock uses:(Round average cost per unit to 4

Calculate average-cost per unit.(Round answer to 4 decimal places, e.g. 2.7613.)
Compute cost of goods sold, assuming Metlock uses:(Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.)

Compute cost of goods sold, assuming Metlock uses:(Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.)

Cost of goods sold
(a) Periodic system, FIFO cost flow $
(b) Perpetual system, FIFO cost flow $
(c) Periodic system, LIFO cost flow $
(d) Perpetual system, LIFO cost flow $
(e) Periodic system, weighted-average cost flow $
(f) Perpetual system, moving-average cost flow $

Cost of goods sold

(a) Periodic system, FIFO cost flow $
(b) Perpetual system, FIFO cost flow $
(c) Periodic system, LIFO cost flow $
(d) Perpetual system, LIFO cost flow $
(e) Periodic system, weighted-average cost flow $
(f) Perpetual system, moving-average cost flow

$

Calculate average-cost per unit.(Round answer to 4 decimal places, e.g. 2.7613.)

Average-cost per unit $

Average-cost per unit

$

Metlock Company is a multi product firm. Presented below is information concerning one of its products, the Hawkeye.

Date Transaction Quantity Price/Cost
1/1 Beginning inventory 1,300 $14
2/4 Purchase 2,300 21
2/20 Sale 2,800 34
4/2 Purchase 3,300 26
11/4 Sale 2,500

38

Calculate average-cost per unit.(Round answer to 4 decimal places, e.g. 2.7613.)
Average-cost per unit

$

Compute cost of goods sold, assuming Metlock uses:(Round average cost per unit to 4 decimal places, e.g. 2.7631 and final answers to 0 decimal places, e.g. 6,548.)
Cost of goods sold
(a) Periodic system, FIFO cost flow $
(b) Perpetual system, FIFO cost flow $
(c) Periodic system, LIFO cost flow $
(d) Perpetual system, LIFO cost flow $
(e) Periodic system, weighted-average cost flow $
(f) Perpetual system, moving-average cost flow

$

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